Jan 14, 2021

The German economy contracted by -5.0% in 2020, suggesting that economic activity held up relatively well in the final quarter of the year despite the second lockdown. But the economic roller coaster ride looks set to continue: The German economy is in for a sharp growth setback in early 2021.

Jan 13, 2021

Covid-19 lockdowns changed saving behaviors: Not only did people save more, for the lack of consumption opportunities, they also saved differently, channeling more money into equities and investment funds.

Jan 12, 2021

We have a (partial) Brexit deal! As expected, the EU and the UK reached a very last-minute compromise on Brexit, just seven days before the EU exit day. The deal is more advantageous than other FTAs as it offers zero tariffs for goods.

Dec 18, 2020

As 2020 draws to a close and we release our updated forecasts , our economists were caught daydreaming of a world where their boldest wishes would come true.

Dec 18, 2020

The Covid-19 vaccine will supercharge global growth in 2021, but short-term headwinds, and a complete recovery only by 2022, will create transition risks.

Dec 15, 2020

Two recent events have cleared the way for a second wave of spread tightening, leading them closer to their pre-pandemic levels. 1) the resolution of the US presidential elections and 2) the positive news around the vaccines timeline and availability.